Anglo bite bullet, page-3

http://af.reuters.com/article/metalsNews/idAFL6N0PW17G20140721?sp=true

Some analysts have said the Rustenburg mines and the Union mine could be worth between $1 billion and $2 billion, but others were more pessimistic. Excluding the joint ventures Pandora and Bokoni, "we value the combination at a negative $800 million, hence simply giving the assets away would be deemed a result", said Nomura analysts.

Comment: Nkp bargaining position now looks impossible. Okap have had bad luck, to be fair.